Is Dual Pricing Compliant with Card Network Regulations?
Yes, dual pricing is a compliant strategy for managing processing costs, provided you follow specific card network regulations regarding transparency and disclosure. This model allows your business to offer both a cash price and a card-present price, effectively offsetting interchange fees and card brand charges.
To ensure your program remains compliant, we focus on the following requirements during setup and provisioning:
- Automatic Calculations: The system must automatically calculate surcharges or cash discounts at the point of sale so the math is handled accurately for every transaction.
- Clear Disclosures: Transparent disclosures must be displayed at the point of sale, ensuring customers are fully informed of the two pricing options before they pay.
- Line Item Transparency: For software-driven solutions like our Lavu Dual Pricing Integration, the non-cash surcharge is collected and displayed as a separate, clear line item on the customer’s receipt.
As your partner for better payment processing, we provide the hardware and expertise necessary to implement these strategies correctly. While the business owner remains responsible for merchant surcharge compliance under applicable card network rules, we guide you through these requirements to ensure your program is aligned with industry standards.
We offer several solutions to support this model, including the Clover Flex Dual Package and Lavu integrations, which are designed to support zero-cost credit card processing for qualifying merchants in the United States.
Related FAQs
-
How do I Prepare for Digital Payment Trends in Merchant Services?
Read More »: How do I Prepare for Digital Payment Trends in Merchant Services?To prepare for digital payment trends in merchant services, businesses should start with a thorough assessment of their current processing capabilities and hardware compatibility. This involves reviewing transaction volumes and identifying gaps where newer methods, like contactless payments or real-time…
-
How are Digital Payments Changing Retail Businesses?
Read More »: How are Digital Payments Changing Retail Businesses?Digital payments are fundamentally transforming retail businesses by streamlining operations and enhancing the customer experience. Key changes include: Faster Checkouts: The adoption of contactless NFC technology and mobile wallets has accelerated checkout speeds by up to 30 percent in high-volume…
-
What Security Features should Payment Processing Include?
Read More »: What Security Features should Payment Processing Include?Payment processing should include several critical security features to protect sensitive data and prevent fraud. According to the provided guide, essential protocols include: PCI DSS Compliance: This is the industry standard for data security that ensures the secure handling of…
-
What is Payment Processing and how does it Work for Small Businesses?
Read More »: What is Payment Processing and how does it Work for Small Businesses?At its most basic level, payment processing is the secure facilitation of electronic transactions, such as credit card swipes or e-commerce payments. For small businesses, this service acts as the backbone of daily operations, allowing them to accept various forms…
-
Is Discover a Good Credit Card?
Read More »: Is Discover a Good Credit Card?The Discover credit card is considered a strong option for business owners and consumers, particularly those operating within the United States. It is highly rated for user satisfaction and offers several competitive benefits. Key advantages of the card include: Rewards…

